• AbbVie average gross margin for 2023 was 66.63%, a 4.69% decline from 2022.
• AbbVie average gross margin for 2022 was 69.91%, a 4.69% decline from 2021.
• AbbVie average gross margin for 2021 was 66.78%, a 6.65% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.